Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained
How a Law Firm Stole the Business Sale with One Clause
Lucas and Luna dissect a true story where a single legal clause in a business sale agreement—a non-compete that was too narrow—allowed the seller to launch a competing firm across the street, wiping out the buyer's expected revenue within months. They walk through the specific wording, the negotiation mistake, and how to protect yourself with a properly drafted restrictive covenant. This episode is a masterclass in the one page of the contract that can make or break your exit.
#BusinessSale #NonCompete #RestrictiveCovenant #SellerFinancing #DueDiligence #PurchaseAgreement #LegalClause…
The skinny
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